Title
A Resolution of the City Commission accepting a grant from the Florida Division of Emergency Management (FDEM) for financial services for the Downtown Coral Gables drainage and water quality improvements and authorizing the City Manager to execute an agreement with FDEM for said financial assistance under FDEM Project No. 4486-098-R, for Phase I; and authorizing an amendment to the Fiscal Year 2022-2023 annual budget to recognize the grant funds as revenue and to appropriate such funds to cover the cost of the grant expenditures.
Body
The Coral Gables Downtown area suffers from serious flooding during storm events. This project is to improve drainage infrastructure to alleviate or significantly improve potential flooding during and immediately following storm events. This FDEM grant, Phase I, includes the design for the proposed project in preparation for construction. The grant consists of two phases: Phase I, $144,764 for design and Phase II, $845,860 for construction.
The Florida Division of Emergency Management agreed to provide financial assistance for Phase I in the amount of $144,764, representing 90% of the design phase’s cost of the project. The City’s contribution will be 10% for a total of $15,273 of the project’s design phase.
In order to receive said financial assistance, the City must enter into an agreement with the Florida
Division of Emergency Management.
Recommended Action
[Enter Recommended Action Here]